What currently is going on in Spain may be but an early representation of what may go on with many of the large world Banks and Investment Banks in the next months and years
On financial advisors, Mark-to-market rule changes
Today’s Detailed CommentariesFinancial Markets: On financial advisors
On my continuous point of taking a large (for many people I am sure 'greater') role in making investing decisions with respect to your own capital, some time ago a reader took the time to send me a thoughtful e-mail setting out his general views on interacting with investment advisors.
In essence he expressed the view that knowledgeable investors should be encouraged to have specific discussions with their advisors to determine how much those advisors really understand about the various aspects of gold and silver investments, both as insurance and, in the case of mining stocks, as investments (read equity investments generally).